It’s important to know that global temperatures aren’t driven by
human emissions of carbon alone, says the report’s co-author Katherine
Richardson, a professor of biological oceanography at the University of
Copenhagen. The Earth’s natural systems such as forests, polar regions,
and oceans also play major roles.
“We’ve got to pay attention to them,” says Richardson in an interview.
It’s already too late to prevent some tipping points from happening,
since there is evidence that at least nine have already been breached,
she said. The risk of those cascading into an irreversible global
tipping point with tremendous impacts on human civilization warrants a
declaration of a planetary climate emergency.
Minimizing the risk requires keeping global warming as close to 1.5 degrees C as possible by reducing carbon emissions to zero. It will take at least 30 years to achieve carbon neutrality, Richardson says. “That’s our most optimistic time estimate.”
“I don’t think people realize how little time we have left,” said
Owen Gaffney, a global sustainability analyst at the Stockholm
Resilience Center at Stockholm University. “We’ll reach 1.5 C in one or
two decades, and with three decades to decarbonize it’s clearly an
emergency situation,” says Gaffney, another co-author of the commentary.
“Without emergency action our children are likely to inherit a dangerously destabilized planet,” he said in an interview.
Economies prevailing
Meanwhile, a recent UN report revealed that the United States, China,
Russia, Saudi Arabia, India, Canada, Australia and other countries plan
to produce 120 percent more
fossil fuels by 2030. Those same governments agreed to keep global
warming to 1.5 degrees C under the Paris climate agreement, but appear
to be more worried about their economic growth.
No amount of economic cost-benefit analysis is going to help us now
that we face an existential threat to civilization, Gaffney and
coauthors write. Governments depend heavily on the advice of economists,
but with few exceptions the profession has done humanity a huge
disservice by ignoring climate change in their research and scholarship,
Gaffney says. Only a fraction of articles and papers in economics
journals discuss climate change, he says.
The risks posed by climate tipping points are not part of any
economic analysis of climate policies, acknowledges Geoffrey Heal, an
economist at the Columbia Business School in New York City. “If they
were included it would make a huge difference… suggest[ing] that we
strengthen our climate policies massively,” Heal said in an email.
“Passing tipping points … entails a huge risk to financial assets,
economic stability and life as we know it today,” says Stephanie
Pfeifer, CEO of the Institutional Investors Group on Climate Change
(IIGCC), an investor group that manages over $30 trillion in assets. It
is significantly cheaper to prevent additional global warming than it is
to face its impacts, Pfeifer says in an email.
“We need far greater and more urgent action to deal with climate change,” she says.
There is a bright side
Global decarbonization has accelerated since 2010 and may be on
course to keep global warming to 2 degrees C, says a new report to be
published in Environmental Research Letters
on Dec 2. While overall carbon emissions have increased, the
decarbonization has kept the increase low and is ready to push emissions
into a decline.
Large decarbonization gains from energy efficiency and modern
renewable heat, along with solar and wind, are making it possible to
reach the Paris climate goals “if we take aggressive actions across all
sectors of the economy,” says study co-author Daniel Kammen, a professor
of energy at the University of California, Berkeley in a release.
There are also social tipping points, says Gaffney, including an
economic tipping point where the price of renewable energy is dropping
below fossil fuels in market after market. “The prices for renewables
keep falling and performance is improving. This is an unbeatable
combination.”
More and more countries such as the United Kingdom have reached a
political tipping point and adopted 2050 net zero carbon targets. “There
is now confidence it is achievable and affordable,” he said.
And in the United States, candidates for the 2020 presidential elections are putting out ambitious climate action plans.
Over the last 12 months a broad societal awareness tipping point
appears to have been reached—the Greta Thunberg effect—with millions of
young student strikers and many others demanding urgent climate action,
he says. At the same time, more and more finance companies, businesses,
and cities are adopting tough climate targets.
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